The Global Economic News

Stocks making the biggest moves after hours: AAPL, AMZN, RIVN, RDDT Skip Navigation Markets Business Investing Tech Politics & Policy Video Watchlist Investing Club PRO Livestream Menu Check out the companies making headlines in extended trading. Amazon The e-commerce giant's shares shot up more than 9% in extended trading after the firm reported better-than-expected revenue and cloud growth for the second quarter. Revenue in Amazon's cloud segment expanded 37% year over year during the quarter, surpassing Wall Street's expectations for 31% growth and marking the unit's fastest growth in 18 quarters. Apple The tech giant saw shares fall more than 4% in volatile trading after hours as investors parsed through its earnings report. The firm reported stronger-than-expected revenue for the fiscal third quarter, driven by a 22% increase in iPhone sales. Coinbase Shares of the crypto exchange slid more than 5% after posting its third straight quarterly loss. The company r...

Anthropic on Thursday said it discovered three instances where its Claude artificial intelligence models accessed the internet during an evaluation and "gained unauthorized access to the real systems of three different organizations." The company said it found these incidents after carrying out a "a large-scale retrospective review" of its cybersecurity evaluations. Anthropic said the review was prompted by a separate but similar security incident that OpenAI disclosed last week. OpenAI said a combination of its models escaped an isolated testing environment that had very limited internet access. The models chained together a series of vulnerabilities to reach the open web and eventually gain access to Hugging Face , which operates an open-source developer platform. In the three incidents that Anthropic detected, its models accessed the internet while interacting with a testing environment from one of its third-party evaluation partners called Irregular. The compan...

To play this video you need to enable JavaScript in your browser. This video can not be played Figure caption, Watch: Simon Jack presses Thames Water boss on pollution targets By Simon Jack , Business editor and Shanaz Musafer , Business reporter Published 3 minutes ago The boss of Thames Water has claimed targets the company has been set over things like leakages are "not realistic". Thames has been criticised for its performance in recent years following a series of sewage discharges and leaks, and last year was fined a record 122.7m by regulator Ofwat, most of which was for breaching sewage spills rules. Chris Weston said Thames wanted "to do better" but said some of its targets were not achievable. Ofwat said company targets were "intended to be ambitious", while an environmental group said sewage pollution should not be accepted as inevitable. Thames, which has struggled for years under billions of pounds of debt, faces being put in a form of tempora...

Image source, EPA Image caption, Burnham wants to give more powers to metro mayors, such as Steve Rotheram and Kim McGuinness (pictured here) By Joshua Nevett , Political reporter , Judith Moritz , Special correspondent and Daniel Wittenberg , Senior producer Published 38 minutes ago Prime Minister Andy Burnham will give all mayors of city regions in England a share of income tax revenue for the first time, as part of his drive to transfer power from Westminster to local leaders. Burnham will also allow mayors of English strategic authorities to keep some cash from business rates collected in their areas, and gain greater control over services such as housing, transport, skills. The government has not yet decided the exact portion of taxes mayors will be given, with more details to be announced when Chancellor John Healey delivers his first budget in the autumn. Critics said the plans lacked detail and could lead to areas with weaker economies losing out on funding. But Burnham said t...

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Can I Retire at 62 With $500k in a Roth IRA and $2,000 Monthly Income? Mark Henricks Wed, July 29, 2026 at 2:00 AM PDT 7 min read SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Figuring out when you can afford to retire often comes down to determining whether your assets will produce enough annual income to support your lifestyle and spending needs. With $500,000 in a Roth IRA and $2,000 in combined monthly Social Security and pension payments, you may be able to afford to retire at age 62. However, that will mean living on approximately $44,000 per year. Some retirees may be satisfied with this level of income, but it may not support you adequately if you plan to do a lot of traveling or live in a high-cost area. Before making the decision to stop working at 62, you'll also need to develop a plan for paying for health insurance since you won't be eligible for Medicare until age 65. If you need help deciding when to retire, ...

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Iran's Revolutionary Guard threatened further escalation on Thursday after a wave of retaliatory U.S. strikes on the country overnight. The Guard said on Thursday that it "will punish the aggressor today," adding that countries aiding the U.S. in the conflict would also "receive a harsh response," according to Iranian state media. It also said that it maintains "full control" of the Strait of Hormuz, and that "a stranger who has come from thousands of kilometres away will not be allowed to interfere." It comes after U.S. forces completed a "heavy wave" of strikes against Iran on Wednesday stateside, in retaliation against its missile attacks on American forces in the region. U.S. Central Command described the operation as a "powerful response" to Tuesday's attempted Iranian attacks on U.S. forces in the Middle East. The two-hour-long attacks saw the U.S. hit dozens of Guard targets across Iran, including military comm...

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A Quarter Of Canadians Now Own Crypto CryptoProwl Thu, July 30, 2026 at 6:49 AM PDT 1 min read BTC A Quarter Of Canadians Now Own Crypto One in four Canadians (25%) now own some form of cryptocurrency. A new survey by the Ontario Securities Commission has found that cryptocurrency adoption in Canada is rising. In its previous 2023 survey, the Ontario Securities Commission found that only 10% of Canadians owned Bitcoin (CRYPTO: $BTC) or another digital asset. More From Cryptoprowl: Ramp Network Brings Multichain Wallet and Rewards to EU MEXC Expands Ondo Tokenized Stock Offerings with AI Infrastructure and Mining Assets HSC Conference To Bridge Digital Assets And Institutional Finance In Ho Chi Minh City MEXC Integrates World-Check to Fortify Institutional Grade Compliance Architecture MEXC Ventures Supports Alpha Arena's APAC Debut at Coinfest Bali Additionally, the latest survey found that a majority of Canadians (59%) say they are aware of crypto assets. Among investors who work...

Jim Cramer says this post-earnings sell-off is a golden buying opportunity Mwangi Enos Wed, July 29, 2026 at 3:17 PM PDT 4 min read AXP Some stock drops look like bad news on the surface. Some are, yes, but some also tell a completely different story underneath. And I think American Express ( AXP ) investors have been handed the latter. The payments giant beat earnings expectations, raised its full-year revenue guidance, and reported its strongest card member spending growth in three years. The stock fell anyway. This kind of reaction can frustrate shareholders and even confuse casual observers. But for "Mad Money" host Jim Cramer, it's a pattern he's seen before, and one he thinks is creating a clear opening. I think it's a terrific opportunity in one of the best-run companies on earth. American Express CEO Steve Squeri echoed that confidence in the company's Q2 2026 earnings statement, noting: "Six months into the year, we're seeing stronger moment...

Egypt said Thursday that a drone hit two ships at its Mediterranean port of Damietta, as attacks on energy infrastructure widen across the Middle East. Cairo said an initial investigation found that a drone attack Wednesday caused a fire onboard the ships, according to the state owned Middle East News Agency . Nobody has claimed responsibility for the attack. The fires broke out on a regasification ship and a storage vessel, according to Egypt's Ministry of Petroleum and Mineral Resources . "The situation was immediately dealt with in accordance with the approved emergency and rapid response plans through the coordinated efforts of the competent authorities and the on-site firefighting and safety teams," the ministry said in a statement. The unclaimed attack comes as Iran, its Houthi allies in Yemen and Iraqi militias have widen strikes on energy infrastructure across the region. The U.S. launched a renewed wave of strikes against Iran on Wednesday, in retaliation for an...

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Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure . Will the housing market crash in 2026? What the first half of the year tells us Michele Lerner E. Napoletano Contributor Hal Bundrick, CFP Senior Writer Tue, July 28, 2026 at 8:33 AM PDT 8 min read A housing market crash happens when home values plummet due to a lack of demand for or an oversupply of homes. The factors leading to a housing market crash are varied, ranging from economic recessions to high mortgage rates that make it less affordable to buy a home. A housing crash can have upsides (low home prices) and downsides (losing built-up equity and tighter finances). So, what's ahead for the housing market in 2026 ? Read more: Want to buy a house in 2026? Here's what you need to know. Is the housing market going to crash soon? Generally, experts don't foresee a housing market crash in 2026. If anything, ...

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure . Understanding the Fed's rate decisions: Do we want high or low interest rates ? There are pros and cons to both scenarios. B Ben Luthi Tue, July 28, 2026 at 8:24 AM PDT 7 min read When the Federal Reserve changes interest rates, the impact reaches far beyond Wall Street. Higher rates can help savers earn more on their cash, while lower rates can make mortgages, car loans, and credit cards more affordable. But because every rate move creates both winners and losers, there's no simple answer to whether high or low rates are best. Understanding why the Fed raises and lowers rates and how those decisions affect your money can help you make smarter choices about saving and borrowing. Why does the Federal Reserve control interest rates? The Federal Reserve is mandated by Congress to promote stable prices and maximum em...

Rolls-Royce on Thursday hiked its full-year profit and cash flow guidance after strong earnings for the first half of the year, with the British engineering group benefiting from robust demand across its civil aerospace, defense and power systems businesses. The FTSE 100 company posted underlying operating profit of 2.5 billion ($3.3 billion) for the first six months of the year, up 46% from a year earlier, while revenue rose over 24% to 11.3 billion. Rolls-Royce said it now expects full-year underlying operating profit of between 4.7 billion and 4.9 billion, up from previous guidance for between 4 billion and 4.2 billion. It sees free cash flow of 3.8 billion to 4 billion, up from between 3.6 billion and 3.8 billion previously. Shares rose as much as 6% and were last trading up 3.6%. Rolls-Royce shares year-to-date The results underscore how Rolls-Royce is becoming a beneficiary of two of the biggest investment trends reshaping global markets: surging defense spending and the rapid e...

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure . My spouse just died do I have to pay off their credit card debt? Senior woman using the laptop at home Yahoo Personal Finance Getty Images Kendall Little Senior Writer, Credit Cards Tue, July 28, 2026 at 11:41 AM PDT 4 min read Key takeaways In most cases, a deceased person's estate pays outstanding credit card debt before distributing any inheritance. You may be responsible for your spouse's credit card debt if you were a joint account holder or if you live in a community property state. If you're unsure whether you're liable for your spouse's debt, verify any debt collection claims and consider speaking with an attorney to understand your rights and obligations. What happens to credit card debt when someone dies? When someone passes away with outstanding debts, the estate typically pays those balanc...